Business
Result of AGM
Northern Bear PLC announced the results of its Annual General Meeting where all proposed resolutions were duly passed, except for Resolution 6, which was withdrawn. Resolutions 1 to 12 were passed as Ordinary Resolutions, with votes for each resolution totaling 5,730,120, representing 41.7% of the issued share capital. Resolutions 13 and 14 were passed as Special Resolutions; Resolution 13, to disapply pre-emption rights, received 5,630,893 votes for and 99,227 against, while Resolution 14, to authorize the company to buy back its own shares, received 5,690,120 votes for and 40,000 against. Disclaimer*
About this update from Northern Bear Plc
9 September 2025 Northern Bear plc ("Northern Bear" or the "Company") Result of AGM The board of directors of Northern Bear (LSE: NTBR) announces that, at its Annual General Meeting ("AGM") held earlier today, all proposed Resolutions were duly passed. As announced by the Company on 4 September 2025, Steve Roberts stepped down as an executive director. Consequently, Resolution 6 was withdrawn prior to the AGM and was not considered. The remaining Resolutions 1 to 12 were passed as Ordinary Resolutions and Resolutions 13 and 14 were passed as Special Resolutions. The voting results on all resolutions at the AGM were as follows: Resolution For % Against % Vote Total (including votes withheld) Vote Total as a % of Issued Share Capital Withheld* 1. To adopt the reports and financial statements for the year ended 31st March 2025. 5,730,120 100.0% 0 0.0% 5,730,120 41.7% 0 2. To authorise the Directors to declare and pay a final dividend for the year ended 31st March 2025. 5,730,120 100.0% 0 0.0% 5,730,120 41.7% 0 3. To re-elect Martin Brett Boden as a director. 5,728,670 100.0% 0 0.0% 5,730,120 41.7% 1,450 4. To re-elect Simon Alexander Carr as a director. 5,728,670 100.0% 0 0.0% 5,730,120 41.7% 1,450 5. To re-elect John Peter Davies as a director. 5,728,670 100.0% 0 0.0% 5,730,120 41.7% 1,450 6. To re-elect Steven Mark Roberts as a director. Resolution withdrawn 7. To re-elect Harry Jacob Samuel as a director. 5,728,670 100.0% 0 0.0% 5,730,120 41.7% 1,450 8. To elect Julian Nigel Davis as a director. 5,728,670 100.0% 0 0.0% 5,730,120 41.7% 1,450 9. To re-appoint Saffery LLP as auditor. 5,728,670 100.0% 0 0.0% 5,730,120 41.7% 1,450 10. To authorise the Directors to agree the auditor's remuneration. 5,726,941 99.9% 3,179 0.1% 5,730,120 41.7% 0 11. To authorise the Directors to declare and pay a special dividend. 5,730,120 100.0% 0 0.0% 5,730,120 41.7% 0 12. To give the Directors authority to allot additional shares. 5,670,633 99.0% 59,487 1.0% 5,730,120 41.7% 0 13. To disapply pre-emption rights under certain conditions. 5,630,893 98.3% 99,227 1.7% 5,730,120 41.7% 0 14. To authorise the Company to buy back its own shares. 5,690,120 99.3% 40,000 0.7% 5,730,120 41.7% 0 * A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes "For" or "Against" a resolution. For further information, please contact: Northern Bear PLC John Davies - Chief Executive Officer Julian Davis - Chief Finance Officer +44 (0) 166 182 0369 Strand Hanson Limited (Nominated Adviser) James Harris James Bellman +44 (0) 20 7409 3494 Hybridan LLP (Nominated Broker) Clarie Louise Noyce +44 (0) 20 3764 2341